Lease End Options | Albertville AL | Near Huntsville & Guntersville

What to Do When Your Lease Is Up

Sometimes, after driving a car for some time, a driver can come to love it and may have a hard time parting with it. If you're approaching the end of your vehicle's lease, you may not realize that you can do more than turn your vehicle in.

Here at Sand Mountain Toyota, we believe in keeping our customers as informed about the car-ownership process as possible. That's why we've listed several options you can choose from at the end of your lease. Keep reading to find out what you can do to ensure you make the best decision.

What Do I Do at the End of My Lease?

Return the Vehicle

After examining your options at Sand Mountain Toyota, you may decide that returning your vehicle is the most practical choice for your situation. The only additional payments you may have to make involve any mileage you may have accrued over your lease's maximum terms, in addition to any damages.

Keep Your Vehicle

If you've grown attached to your vehicle over the term of your lease and don't want to part with it, you have the option to purchase it outright. This can be advantageous if the car has retained its value well. The only part you would need to pay is simply the remaining balance.

Trade in the Vehicle

If your vehicle no longer suits your lifestyle, you can trade it in for one that does. If that is the route you want to take, the deal would then work just like a standard finance deal. You would simply come to Sand Mountain Toyota to review your options.

No matter what your situation may be, there are plenty of options to consider when your lease terms draw to an end. If you're interested in learning more about what these options are and how they can impact your opportunities in the future, feel free to contact us directly or stop by Sand Mountain Toyota at 9167 US Highway 431, Albertville, AL 35950 today. We look forward to serving our customers from Huntsville and Guntersville.

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